Company Profile
Maxum Specialty Insurance Group
Company History
The founders of Maxum Specialty Insurance Group, driven by collective values of integrity, excellence and success, established the company in January 2003. It was created to provide creative underwriting for hard-to-place risks.
Maxum began operating as an excess and surplus lines specialty carrier, writing small- to medium-sized property and casualty business on a non-admitted basis.
Today Maxum Specialty Insurance Group is comprised of Maxum Indemnity Company—a non-admitted, excess and surplus lines insurer authorized in 48 states, the District of Columbia, the territories of Puerto Rico and the U.S. Virgin Islands, and Maxum Casualty Insurance Company, an admitted insurer licensed in 50 states and both domiciled in Delaware.
We are focused on providing quality specialty property and casualty insurance products, serving the needs of several distinct markets through our underwriting divisions: Binding/Programs, Casualty Brokerage, Inland Marine, Professional Liability, Special Property, and Transportation.
In the past few years, we have enjoyed steady growth and expansion into new markets. A.M. Best rates the company A-VII and our statutory surplus has grown to more than $97 million.
We only appoint a limited number of wholesale producers who share similar strategic values. These wholesale producers, in turn, serve retail insurance brokers who benefit from the expertise of our wholesale channel and Maxum’s own internal resources.
Benefits
EMPLOYEE BENEFITS
• Medical Insurance through United Healthcare
• Dental Benefits through Aetna (optional)
• Vision through VSP (optional)
• Supplemental benefits (additional life, cancer, etc.) available
• Medical/Family Flexible Spending Account
• Short Term Disability provided by Company
• Long Term Disability provided by Company
• Term Life insurance 3 times base salary (cap of $750,000) provided by Company
• 401K through Mass Mutual (Company matches 100% up to 6%),
• Employee Stock Purchase Plan, eligible after 90 days employment.
• Bonus Plan